about hurst himself

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The late J.M. Hurst is known by most contemporary market technicians as the 'father' of modern cyclic analysis. When he first introduced his concepts in the early 1970's through his classic work "The Magic of Stock Transaction Timing", he quickly developed a loyal following from market technicians all over the country, eager to learn his techniques and apply the principles. Unfortunately, like W.D. Gann before him, many of Hurst's techniques were too complicated for the average trader, and only a relative few know how to apply the concepts in real- in to day's volatile markets. In irony, Hurst disappeared shortly thereafter, taking most of what he knew and understood along with him. Hurst's theory of channel and envelope analysis was the cornerstone of his work, with cycles and classic trend line analysis used to aid the forecasting techniques. Although likely impossible in to day's markets, Hurst claimed a 90% accuracy in actual trading results with his techniques of cyclical analysis.

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Hurst claimed a 90% accuracy in actual trading results with his techniques of cyclical analysis.

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Hurst's primary work, The Profit Magic of Stock Transaction Timing had gone out of print

yay

我以为很难有人超越GANN的思路!

shdw